Curse of the lottery(E Channel right now till 10pm) | FerrariChat

Curse of the lottery(E Channel right now till 10pm)

Discussion in 'Other Off Topic Forum' started by MurcieMurcie, May 22, 2008.

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  1. MurcieMurcie

    MurcieMurcie F1 Rookie

    Jan 31, 2004
    3,100
    We talked about this show before, newer episode talking about Jack Whittaker going broke and are about to update the status of the Kentucky guy who moved to Palm Beach and blew his money on tasteless crap:D:D:D
     
  2. Kingair33

    Kingair33 Formula Junior

    Aug 28, 2006
    941
    San Francisco, CA
    Full Name:
    Alex
    Does anyone know someone who has got more than 1k from the lotto?
     
  3. TexasF355F1

    TexasF355F1 Seven Time F1 World Champ
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    Feb 2, 2004
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    Jason
    #3 TexasF355F1, May 23, 2008
    Last edited: May 23, 2008
    Is the Kentucky dude the guy whom had all those craptastic statues and the yellow diablo? Walked around his house saying I payed $50K for this. This lamp was $80K.

    Kingair, I think my grandfather won like $3500 before. :D
     
  4. MurcieMurcie

    MurcieMurcie F1 Rookie

    Jan 31, 2004
    3,100
    yeah thats the guy, lost his badass $1.5m+ home in Ballenisles over $4800 in HOA dues....Turned out to still be a real pos person depite the image he portrayed in the first episode, let his young daughter skip school while he was in his bedroom doing blow and smack.
     
  5. lesterm

    lesterm Formula Junior

    Nov 3, 2003
    611
    Durham, NC
    I think a family member won a few thousand once. Also, anecdotally, my uncle said his partner (European) used to play the lottery online with a bunch of friends. They would play thousands of random different number combos, and apparently they won a few times, but lost perhaps more than they won. I say this is anecdotal, so it might be BS - can you even play the lottery online like this?

    This whole curse of the lottery stuff sounds like bunk. It probably has more to do with the fact that those who typically win do not know how to cope with newfound wealth. I'm sure if Warren Buffet won the lottery, he would be fine. Or then again, maybe not... *dun, dun dun*
     
  6. ferraridude615

    ferraridude615 F1 Veteran

    May 4, 2006
    5,836
    Texas
    The lottery could be the stupidest thing that people ever get involved with. The odds of winning are astronomical yet people continue to buy their tickets every week, it infuriates me.
     
  7. 62 250 GTO

    62 250 GTO F1 Veteran

    Jan 9, 2004
    7,765
    Nova Scotia Canada
    Full Name:
    Neil
    My Grandmother won $2,100 on a ticket I gave her for mothers day. That's the only time I buy lotto tickets and I don't recall her ever buying one.
     
  8. URY914

    URY914 Formula Junior

    Feb 17, 2004
    608
    Temple Terrace FL
    Full Name:
    Paul
    I was filling up my car and went in to buy a coke. The dirt bag in front of me buys a 40 oz. Bud, a pack of cancer sticks and 3 $1 scratch off tickets. He stands there in line wthout moving out of the way and scatches them off. All were losers of course. I said to him, "That was a good investment". He turns around and looks at me, laughs and says "Easy come, easy go".
     
  9. traimpz348

    traimpz348 Formula 3

    Apr 13, 2004
    1,568
    Avon,CT
    Full Name:
    Matthew
    What's wrong with spending a few bucks for a shot in the dark at winning. You've never wasted a few bucks on something someone else could see as useless and dumb?
     
  10. Westworld

    Westworld Three Time F1 World Champ
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    May 18, 2004
    32,259

    It's better then taxing other people to get that extra money.
     
  11. yoda

    yoda F1 Rookie

    Sep 27, 2004
    2,598
    UT
    Yes, in the millions of dollars. It's been 15 years since they've won. I'd say they are still doing ok, the husband just bought his 3rd Ferrari :)
     
  12. vvvmd

    vvvmd F1 Rookie
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    Dec 23, 2003
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    Victor Villarreal
    My dad won a couple of grand when we immigrated from Mexico. It allowed him to take his medical board exam a year earlier
     
  13. ferraridude615

    ferraridude615 F1 Veteran

    May 4, 2006
    5,836
    Texas
    Some people habitually spend $10/$20 a week on lottery tickets.
    $10 x 52 weeks x 50 years= $26,000 instead why not invest it and have some money to play with in your retirement.

    Don't get me started on the money wasted on cigarettes either :rolleyes:
     
  14. MikeMac

    MikeMac Formula Junior

    Feb 26, 2008
    440
    Denver, CO
    Full Name:
    Mike
    It's not so much bunk as it is exactly what you said - the inability to cope with newfound wealth. If someone is bad at managing their money when they don't have any, they're not going to get better if they get a lot. Look no farther than Jose Canseco and Latrell Sprewell for more examples. It doesn't just hit lotto winners.
     
  15. DrStranglove

    DrStranglove FChat Assassin
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    Oct 31, 2003
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    I agree. Compared to the other monumentally dumb and useless stuff I have spent money on, a $1 lottery ticket is cheap and fun!
     
  16. Fan512bbi

    Fan512bbi Two Time F1 World Champ
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    Mar 25, 2004
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    Steve.
    I won on the lottery recently :)
     
  17. Kingair33

    Kingair33 Formula Junior

    Aug 28, 2006
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    San Francisco, CA
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    Alex
    Great to hear it.
     
  18. traimpz348

    traimpz348 Formula 3

    Apr 13, 2004
    1,568
    Avon,CT
    Full Name:
    Matthew
    Well that's true ... and these people are probably on some form of government aid to boot ... not to fuel your fire or anything.
     
  19. Malfoy

    Malfoy Formula 3

    Mar 22, 2004
    1,960
    Hampton, VA
    and how much do people spend on cigarettes/alcohol whatever? At least a lottery ticket has SOME chance of a return.
     

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